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Showing posts with the label digital gold

Best Altcoins to Buy Before Bitcoin Becomes ‘Exponentially Harder to Buy’

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White House Crypto Head Says US Will Buy as Much Bitcoin as Possible

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The arrival of 2025 has seen a major shift take place in the United States. Indeed, with the return of US President Donald Trump, the country has welcomed its first pro-crypto administration in history. Now, White House crypto head Bo Hine has recently confirmed that the US is looking to buy as much Bitcoin as possible. The country has officially greenlit a BTC strategic reserve in what is a groundbreaking development for the country. Moreover, Hines discussed the process and was asked if the country would ever consider selling the leading crypto amid this newfound approach. His answer reinforced the notions committed to Bitcoin and the asset class at large. Source: The New York Times Also Read: Cryptocurrency: 3 White House & Trump Approved Coins To Buy For Major Gains White House Speaks on Bitcoin and If They Have Any Plans On Selling It In what is a monumental development, the US Department of Labor officially rescinded guidance against involving Bitcoin and other cryptocurrenci...

If You Bought $2,000 of Bitcoin & Gold in 2010

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The world’s largest cryptocurrency, Bitcoin (BTC), has been compared time and again to gold. Both these assets share similar properties, which has further pushed the community to call Bitcoin “digital gold.”ve a limited supply. While Bitcoin has a supply of 21 million coins, gold is a finite resource that is expensive to mine. The duo is considered a store of value asset, like BTC and gold, and a prominent hedge against inflation. Investors compare these assets to see which is safer and more rewarding. On one hand, Gold has been considered a fairly safe asset with low volatility. Bitcoin, on the other hand, has seen a significant increase in recent years but has only recently begun to emerge from its infancy. Also Read: De-Dollarization: New Country Joins New Development Bank (NDB) to Drop US Dollar Bitcoin vs Gold Charts Source: Watcher Guru Bitcoin has witnessed impeccable growth over the past couple of years. The asset managed to reach an all-time high of $111,970.1...